The valuation of environmental goods and amenities is often complicated by the lack of market prices. This seminar will deal with distinct empirical methods to estimate the value of environmental goods and amenities. Methods to be covered include both market and non-market valuation methods, such as hedonic pricing, contingent valuation and revealed preference methods to elicit willingness-to-pay.

For further information on the seminar, please refer to these documents:

• list of topics for the seminar
• requirements for the seminar
• evaluation criteria

The virtual introductory seminar has already taken place.

This course is for master students only and requires some prior knowledge of economic theory and empirical methods. RUB students should have attended the lecture "Empirische Wirtschaftsforschung/ Empirical Economic Research".